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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessChinese Yuan Likely To Fluctuate Moderately Against Dollar-Herald
The yuan is likely to maintain a narrow range of two-way fluctuations against the U.S. dollar, with no basis for a sharp depreciation, supported by a high trade surplus and limited upward space for the dollar index, wrote Wen Bin, chief economist of China Minsheng Bank in an article run by 21st Century Business Herald. Though China-U.S. interest rates have inverted, the range has narrowed significantly since mid-June, said Wen. Global investors are still keen on domestic financial markets with the capital inflows under Shanghai-Hong Kong Stock Connect increasing, said Wen.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.